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  • German Cabinet passes coal-fired power reserve law Wednesday, 4 Nov 2015 | 5:24 AM ET

    BERLIN, Nov 4- The German cabinet on Wednesday approved a plan to pay utilities to set aside some of their coal-fired power capacity as Europe's biggest economy looks to ensure stable supply and reduce carbon emissions. Opposition lawmaker Oliver Krischer from the Green Party accused Gabriel of yielding to the interests of the utilities and creating a...

  • *Coal power in India costs 1.5- 5 rupees/ kWh. NEW DELHI, Nov 4- U.S.-based SunEdison has won a bid to sell solar power in India at a record low tariff, which could boost the appeal of the renewable source at a time when Prime Minister Narendra Modi is pushing for clean energy to combat climate change. Modi's government expects clean energy to yield business worth $160...

  • *SE Asia, India boost coal-fired power investments. *China, India lead investments in renewables. SINGAPORE, Nov 3- The shine is coming off once bright prospects for natural gas as the future fossil fuel of choice in Asia as power companies in India and Southeast Asia tap abundant and cheap domestic coal resources to generate electricity.

  • Capgemini said gross provisions for decommissioning and long-term spent fuel management work out at 4.7 billion euros per reactor in Germany, compared to just 1.2 billion in France and 3.38 billion euros in Britain. Even if France's nuclear fleet of 58 reactors is much bigger than Germany's 17 reactors, economies of scale from the standardization of...

  • FRANKFURT/ BERLIN, Nov 1- When Chancellor Angela Merkel called up the boss of Germany's biggest power producer RWE two days after the first explosion at Japan's Fukushima nuclear plant, there was no mention of a u-turn in her energy policy. The decision, one of the biggest policy turnarounds in Germany's history, lays bare a lack of coordination untypical for...

  • *Masdar has invested in renewables in Spain, UK. CEO seeks opportunities in Middle East, North Africa. PARIS, Oct 30- Policy shifts over climate change as countries seek to diversify energy sources have opened investment opportunities for renewables in the Middle East and North Africa, the head of UAE green energy firm Masdar said.

  • JAKARTA, Oct 30- Coal shipments from Indonesia will plunge as much as 17 percent next year, with most miners in the world's No.1 exporter of thermal coal losing money and slashing output, a senior industry official said on Friday. Indonesia will export less than 300 million tonnes in 2016 from 330-360 million tonnes this year, the chairman of the country's top coal...

  • TORONTO, Oct 29- Ontario electric utility Hydro One's initial public offering priced at C $20.50 per share on Thursday, raising C $1.66 billion and marking one of the biggest IPOs in Canadian history. Earlier this month, the government of Ontario outlined plans to sell up to 89.25 million Hydro One shares in an IPO that was expected to price between C $19 and C $21 a...

  • Canada's Hydro One IPO prices near high end of range Thursday, 29 Oct 2015 | 5:09 PM ET

    TORONTO, Oct 29- Ontario electric utility Hydro One Ltd's initial public offering was priced at C $20.50 per share on Thursday, raising C $1.66 billion and marking one of the biggest IPOs in Canadian history. Earlier this month, the government of Ontario outlined plans to sell up to 89.25 million Hydro One shares in an IPO that was seen pricing in the range of C $19 to...

  • LNG glut to steal coal market share Thursday, 29 Oct 2015 | 9:44 AM ET

    *LNG competition to cast doubt over new coal power capacity. LONDON, Oct 29- A wave of liquefied natural gas due to hit energy markets over the next couple of years is expected to displace tens of millions of tonnes coal demand globally, helped by government initiatives to move away from polluting power generation. One of the biggest factors in how much switching...

  • *Philippines is world's No.2 producer of geothermal energy. SINGAPORE, Oct 28- The Philippine government is working on a new energy plan it hopes the next administration will adopt to curb the expanding share of coal in its fuel mix for power generation, an official said. The plan could see the Philippines generating a third of its electricity each from natural...

  • MEXICO CITY, Oct 26- BTG Pactual, Latin America's largest independent investment bank, plans to expand into fixed income and the energy sector in Mexico as it seeks to grow in the region's No. 2 economy, the unit's new chairman said on Monday. Guillermo Ortiz, 67, who was appointed chairman of BTG's Mexico unit last week and starts from 2016, has big plans for the São...

  • TOKYO, Oct 26- Trading house Sumitomo Corp said on Monday it had won a $300 million order for a 400- megawatt gas-fired power plant in Turkmenistan, part of a package of deals announced on a visit to the Central Asian nation by Japanese Prime Minister Shinzo Abe. Japan and Turkmenistan on Friday signed deals worth over $18 billion in the energy-rich nation, which...

  • BERLIN, Oct 24- Utilities RWE, Vattenfall and Mibrag will start shifting coal-fired power plant capacity to Germany's power reserve at the start of the European winter next year as part of a plan to reduce carbon emissions, the government said. Germany in July abandoned plans for a levy on coal-fired power plants and instead said it would pay companies to shift...

  • WASHINGTON/ SAN FRANCISCO, Oct 21- Apple announced Wednesday it will build 200 megawatts of solar energy projects in China and work with local suppliers to source more renewable energy, its latest moves to green its Chinese supply chain amid criticism that its local partners are heavy polluters. "These projects go beyond Apple's operations in China to help our...

  • *Xi visit clinches Chinese nuclear deal in Britain. *Britain clinches around $62 bln in deals during Xi visit. LONDON, Oct 21- Chinese President Xi Jinping has sealed a multi-billion dollar deal to finance nuclear power stations in Britain, crowning a visit that Prime Minister David Cameron hopes will unleash a wave of investment from the world's second largest...

  • *China's CGN to take 33.5 pct stake in Hinkley Point. LONDON/ PARIS, Oct 21- China has agreed to invest 6 billion pounds in EDF's Hinkley Point nuclear project, Britain's first new nuclear plant in a generation, in return for help to bring its own nuclear technology to the West in a subsequent project. The project at Hinkley Point will be the first new nuclear plant...

  • *China's CGN to take 33.5 pct stake in Hinkley Point. LONDON/ PARIS, Oct 21- China has agreed to invest 6 billion pounds in EDF's Hinkley Point nuclear project, Britain's first new nuclear plant in a generation, in return for help to bring its own nuclear technology to the West in a subsequent project. The deal, announced as part of Chinese President Xi Jinping's state...

  • LONDON/ PARIS, Oct 21- China's CGN has agreed to invest 6 billion pounds in French utility EDF's Hinkley Point C nuclear power station project in Britain, the companies announced on Wednesday during Chinese President Xi Jinping's state visit to Britain. China General Nuclear will take a 33.5 percent stake in the 18 billion-pound project in southwest England,...

  • Will a new UK power station fill the energy gap? Tuesday, 20 Oct 2015 | 3:30 AM ET
    Will a new UK power station fill the energy gap?

    Paul Dorfman, senior research assiocate at the Energy Institute in University College London, criticises the plans for a new U.K. nuclear power station because it could be too expensive and take too long to build.